Long-Term Momentum factor
The stock's total price move over the past year (252 trading days). Part of FactorPulse's FPUS1 model (Style).
The exposure shown is this measure standardized across stocks and taken net of the market and of International, Beta and Size (position 4 of 18 style factors).
Last 12 months
Full history
History before Jul 15, 2026 is simulated: it was regenerated on that date with the methodology adopted then, not recorded live, and charts shade that period. Later changes apply from their dates forward; see the revision log. Point-in-time risk forecasts begin Jul 30, 2026.
Statistics
| Period | Return | Volatility (ann.) | Return / risk | Max drawdown |
|---|---|---|---|---|
| 1M | -1.86% | 9.9% | -2.25 | -4.07% |
| 3M | -0.59% | 9.5% | -0.25 | -4.07% |
| YTD | +9.32% | 12.8% | +0.88 | -8.71% |
| 1Y | +8.89% | 12.2% | +0.73 | -8.71% |
| Since Jul 2026 (live) | -3.14% | 12.0% | -0.88 | -6.51% |
| Since 2020 (incl. simulated) | +48.25% | 10.4% | +0.68 | -14.72% |
Returns are summed daily long/short factor returns before costs. Volatility and return/risk are annualized from daily data. Each factor is measured net of other factors (see above), so its return can differ from familiar indexes built on the same idea. Section 9 of the methodology (Empirical Factor Behavior) discusses each factor's realized return.
Large companies most and least exposed today
Among the 500 largest US-listed companies (market cap above $26B). Exposure is in standard deviations across about 2,000 stocks, net of the factors ranked ahead of it. When the factor return is positive, 1-year moves trend; when it is negative, 1-year moves reverse.
Highest exposure
- Revolution Medicines, Inc. RVMD +4.21 · $40B
- Seagate Technology Holdings PLC STX +3.78 · $161B
- Western Digital Corp. WDC +3.74 · $148B
- Illumina Inc ILMN +3.72 · $44B
- ASE Technology Holding Co., Ltd. ASX +3.71 · $97B
- Lumentum Holdings Inc. LITE +3.65 · $83B
- Micron Technology, Inc. MU +3.58 · $1.1T
- Dell Technologies Inc. DELL +3.52 · $314B
- Sandisk Corporation SNDK +3.47 · $203B
- Moderna, Inc. MRNA +3.39 · $86B
Lowest exposure
- CoreWeave, Inc. CRWV -2.30 · $35B
- Strategy Inc MSTR -2.09 · $61B
- Oracle Corp ORCL -2.07 · $438B
- Applovin Corporation APP -1.97 · $87B
- Coinbase Global, Inc. COIN -1.96 · $43B
- Roblox Corporation RBLX -1.82 · $38B
- Robinhood Markets, Inc. HOOD -1.69 · $82B
- Axon Enterprise, Inc. AXON -1.59 · $34B
- Boston Scientific Corp. BSX -1.57 · $61B
- Sea Limited SE -1.51 · $46B
What it moves with
Most positively correlated factors (1 year)
- Semiconductors +0.89
- Beta +0.53
- Dividend Yield +0.48
Most negatively correlated factors
- Short Interest -0.40
- Hedge-Fund Ownership -0.35
- Growth -0.26
Correlation with ETFs
| ETF | 1 year | 3 months |
|---|---|---|
| SPY S&P 500 | +0.17 | -0.10 |
| IWM Small caps | +0.21 | -0.15 |
| TLT Long Treasuries | -0.17 | -0.53 |
| USO Oil | +0.16 | +0.16 |
| SMH Semiconductors | +0.59 | +0.46 |
| GLD Gold | +0.24 | -0.10 |
| XLU Utilities | +0.09 | -0.17 |
| BITO Bitcoin futures | +0.08 | -0.17 |
| KWEB China internet | +0.06 | -0.14 |